The latest report published by Comptroller and Auditor General (CAG), reflects a mixed fiscal performance, with revenue receipts scoring slightly above the 50 per cent mark for this period.
The CAG has further noted that the excess expenditure over the authorisation and subsequent non-regularisation have been regularly reported in the previous State Finances Audit Reports of Uttar Pradesh.
By Seela Subba Rao The Comptroller and Auditor General (CAG) of India’s report on Central Public Sector Enterprises (CPSEs) presented to Parliament in December 2021 showed mixed results – the good, the bad and the downright ugly. After examining a total of 607 CPSEs as on 31 March 2020, the picture brought out by CAG […]
Hyderabad: This is in continuation of last article on Constitutional Bodies and focuses on the functioning and duties of Comptroller and Auditor General. COMPTROLLER AND AUDITOR GENERAL Articles 148 to 151 in Part V of the Constitution of India, deal with the office of the Comptroller and Auditor General. CAG is an independent authority under […]
Hyderabad: With the union Budget for 2022-23 turning out to be a major disappointment for Telangana and no major increase in revenue receipts or grants from the Centre, the State government has decided to keep its budget realistic. Officials of Finance Department have begun fine-tuning the State budget for 2022-23, maintaining a fine balance between […]
According to the CAG report, the fiscal deficit was 3.11% of GSDP in 2018-19 i.e. within 3.25% prescribed by the 14th Finance Commission and 3.5% target set out in MTFP Statement of the State